5758 E Saint Johns AveMonticelloIN47960
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Monticello at 5758 E Saint Johns Ave, Monticello, IN, 47960 generates $1,980/mo in rent, after a $1,957/mo payment. Total monthly income is $1,980/mo. Return on cash invested sits at 16.11% in year one, and rental yield is 5.94% on a $399,900 entry. Equity gained on principal adds $2,580/yr, while 5% annual appreciation builds toward $110,485 over five years. Five-year ROI reaches 82.19% and total cumulative return in cash sums $108,956. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,980/mo property income rather than buyer’s personal income.
Single Family
Built in 2025
1.07 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47960, Monticello, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,815 (100%) |
| Owner Occupied HU | 4,956 (50.5%) |
| Renter Occupied HU | 1,593 (16.2%) |
| Vacant Housing Units | 3,266 (33.3%) |
| Median Home Value | $204,797 |
| Average Home Value | $248,483 |
Housing Distribution
Address Breakdown
Residential
7,541
Single Family
7,290
Multi-Family
251
Businesses
583
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Cathy C Russell • @properties
Mls Name: IRMLS
Mls ID: #202549082